Switching NS&I accounts

By switching we mean moving some or all of the money you have in an existing NS&I account to a new account you open with us.

How to switch your money from one NS&I product to another

  1. Simply head to our forms page to find the product you’re looking to switch to. Some of our accounts can be switched using an online form, without needing to log in.

    Forms for our accounts

  2. Complete the form, including the amount you want to switch and the NS&I account you are switching it from.
  3. Once we receive your completed form we’ll open the new account and move the money across from your existing NS&I account. We’ll send you confirmation of this.
  4. If you tell us on the form that you want to close the account you are switching from, we’ll automatically pay any remaining balance to your nominated bank or building society account on our records. Or, if we don't hold this, we will pay it to the bank or building society account you nominate for your new NS&I account.

Switching FAQs